News

• UK mandates carbon reporting for large listed companies

  20 June 2012

  

All companies listed on the London Stock Exchange's main market will have to report their greenhouse gas (GHG) emissions from April 2013, the UK government announced today at the Rio+20 sustainable development conference.

• Europe's €20bn sustainable energy budget under pressure

  20 June 2012

  The European Commission is planning to make more money available for sustainable energy projects over 2014-20, despite an underspend of the budget in the current period.

• UN launches Principles for Sustainable Insurance

  19 June 2012

  The UN has unveiled its Principles for Sustainable Insurance (PSI), seeking to replicate its success in introducing voluntary environmental, social and governance (ESG) principles to the asset management business.

• Rio+20: negotiations falter amid deluge of corporate commitments

  18 June 2012

  Businesses have announced a raft of commitments and unveiled numerous reports on sustainable development, as the Rio+20 negotiations enter their final phase.

• Water disclosure rising, but so is the risk – Ceres

  18 June 2012

  More US companies are disclosing information on water risk exposures following changes to filing requirements made by the US Securities and Exchange Commission (SEC) in 2010, according to a Ceres report released today, but more needs to be done, the investor and environmental coalition says.

• Sustainability reporting falling among large corporations

  18 June 2012

  Regulation is required to reverse a fall since 2008 in the percentage of large companies reporting sustainability data, according to Aviva Investors.

• Investors yet to respond to €640bn EU energy efficiency opportunity

  18 June 2012

  Implementing the EU Energy Efficiency Directive (EED) will require investment totalling €640 billion ($808 billion), according to a study by the Danish Energy Agency (DEA) – although investors are awaiting national-level implementation.

• PRI to explore sustainability 'value-add' for private equity

  15 June 2012

  The Principles for Responsible Investment (PRI) is studying how sustainability management can enhance private equity returns.

• Standard Chartered wins FT/IFC sustainable finance award

  15 June 2012

  Standard Chartered has been named Global Sustainable Bank of the Year at the Financial Times/International Finance Corporation Sustainable Finance Awards, while impact investment firm Bridges Ventures was given an award for excellence.

• Welspun Energy invests $250m in Indian wind power

  15 June 2012

  An Indian renewable energy company is investing $250 million in two wind energy projects in the Indian state of Karnataka, and is raising $750 million in debt from unnamed banks to finance the projects.